• Home
  • Archive by category "jviysdps"

New To Vinyl: Tom Petty & The Heartbreakers ‘Greatest Hits’ Album

first_imgAny casual rock and roll fan is certainly familiar with Tom Petty & The Heartbreakers. The band’s countless hits have been played all around the world, with tracks like “Free Fallin,” “American Girl,” “Refugee” and more defining an entire genre of classic rock music.With the resurgence of vinyl records in recent years, it’s no surprise that Petty would want to share his music on the popular format. Tom Petty – Greatest Hits was released on vinyl yesterday for the first time ever, since its 1993 release. The biggest selling album released by Petty & The Heartbreakers, Greatest Hits features so much great music by Petty.You can order the album here, and check out the tracklisting below.Tom Petty – Greatest Hits TracklistingDisc: 1 1. American Girl (Side A) 2. Breakdown (Side A) 3. Anything That’s Rock n Roll (Side A) 4. Listen To Her Heart (Side A) 5. I Need To Know (Side A) 6. Refugee (Side A) 7. Don’t Do Me Like That (Side B) 8. Even The Losers (Side B) 9. Here Comes My Girl (Side B) 10. The Waiting (Side B) 11. You Got Lucky (Side B)Disc: 2 1. Don’t Come Around Here No More (Side A) 2. I Won’t Back Down (Side A) 3. Runnin’ Down A Dream (Side A) 4. Free Fallin’ (Side A) 5. Learning To Fly (Side B) 6. Into The Great Wide Open (Side B) 7. Mary Jane’s Last Dance (Side B) 8. Something In The Air (Side B)last_img read more

Ween Showcases Their ‘12 Golden Country Greats’ In Nashville Opener [Full Audio]

first_imgLast night, Ween kicked off their first of two nights at the Ryman Auditorium in Nashville, Tennessee. The alternative-rock ensemble billed the mid-week run as an opportunity to perform their fifth studio album, 12 Golden Country Greats, which they recorded in Nashville in 1995.Following an opening set from The Sh*t Creek Boys, the dynamic duo of Dean Ween and Gene Ween led the band through 20+ songs surrounding the ten-track album’s core. “Japanese Cowboy”, “Piss Up A Rope” (which featured The Sh*t Creek Boys), “Powder Blue”, “Fluffy” and the rest of 12 Golden Country Greats served as the evening’s centerpiece, with the rest of the band’s illustrious catalog keeping the band on track during their quick transitions and energetic segues.While the order of the album’s tracklisting was not incorporated, the theme of 12 Golden Country Greats served as the connective tissue for a great night of Ween. Rarities like”I Don’t Want To Leave You On The Farm” (which has only been performed by Ween ten times since 1996) and “Pretty Girl” (which had not been performed by Ween since 10/28/96) made the night’s theme even more exciting.Outside of the album’s tracks, Ween re-introduced their cover of “Chariots of Fire” by Vangelis in the second-song slot, which had not been played since 1996. After performing Pure Guava‘s “I Saw Gener Cryin’ In His Sleep”, the band transitioned with a tease of Simon & Garfunkel‘s “The Sound of Silence” into “The Argus”, an original from 2003’s Quebec.Thanks to taper boognish666, you can listen to Ween’s full show from last night in the audio below:Ween – Ryman Auditorium – Nashville, TN – 10/16/18[Audio: boognish666]Watch The Sh*t Creek Boys perform “Piss Up A Rope” with Ween in the video below:Ween feat. The Sh*t Creek Boys – “Piss Up A Rope“[Video: Joel Meeks]Ween will return to the stage in Nashville tonight, then head to Atlanta, GA for two nights at The Tabernacle. From there, they’ll stop by Detroit, Michigan to perform at the Royal Oak Music Theatre on October 30th before heading to Chicago’s Aragon Ballroom for their Halloween show. In November, the group will head to Milwaukee, Wisconsin’s The Rave / Eagles Club and Saint Paul, Minnesota’s Palace Theatre. Then, in December, they’ll perform at The Met Philadelphia, and The Capitol Theatre in Port Chester, New York. For a full list of upcoming dates, head to the band’s official website.Setlist: Ween | Ryman Auditorium | Nashville, TN | 10/16/18Japanese Cowboy, Chariots of Fire (Vangelis cover), The HIV song, Waving My Dick in the Wind, Big Jilm, Mr. Richard Smoker, Piss Up a Rope, I Don’t Want Leave You on the Farm, You Were the Fool, Bananas and Blow, I’ll Be Your Jonny on the Spot, Stay Forever*, Pretty Girl, I Saw Gener Crying in his Sleep (Simon & Garfunkel’s “Sounds of Silence” tease), The Argus, Help Me Scrape the Mucus Off My Brain, Pumpin’ 4 the Man, Chocolate Town, I Can’t Put My Finger on It, Drifter in the Dark, Someday, Powder Blue, Pandy Fackler> Pink Eye (On My Leg) teaseEncore: Fluffy* Dedicated to Stu Basorelast_img read more

CSC, halls recycle cans for Worker

first_imgThrough a partnership between the Center for Social Concerns (CSC) and the South Bend Catholic Worker, Notre Dame students will contribute to the local community this school year by recycling aluminum cans. The program, called Miraculous Metals, began this week and will continue as long as students support it, said Michael Hebbeler, director of student leadership at the CSC. There are currently 22 residence halls participating in the Miraculous Metals program, Hebbeler said. Students can collect aluminum cans and drop them in designated boxes in their halls. Catholic Worker staff members, as well as people who receive support from the Worker, will collect the cans and bring them to a local recycling center. The cans will then be exchanged for money, which will support the Worker’s daytime drop-in center, Our Lady of the Road, and the nighttime shelter, the St. Peter Claver House. “There’s a men’s house and women’s house, and they take in the poor and marginalized, so people looking for a home, looking for a roof, looking for community,” Hebbeler said. “The houses open up their doors to those in need, and the people live there.” Most of the proceeds will go to Our Lady of the Road, where people can eat a meal, do their laundry or take a hot shower. The center supports 60 to 130 people each day. The funds raised by the Miraculous Metals program will support the center’s operation as well as building repairs. Hebbeler said these funds are especially helpful in the winter when the St. Peter Claver House provides overnight shelter from cold weather. “They like to keep it small for fellowship and community, and they can take up to 10 men each night,” Hebbeler said. “They provide a roof and bedding and coffee and breakfast in the morning.” Hebbeler also said many Notre Dame students regularly volunteer at the Catholic Worker. He said the visits create “a sense of solidarity of walking together.” “There will be Notre Dame students spending the night with the homeless men as part of weather amnesty,” Hebbeler said. “Some of the money [from the metal collection] may be feeding volunteers. That’s what makes the Worker what it is — this sense of community. Notre Dame has a vital presence in the drop-in center and at the Catholic Worker.” Although the project is just beginning, Hebbeler said the CSC is looking forward to seeing the program’s results. He also hopes more Notre Dame students will become involved with the Catholic Worker. “There’s good enthusiasm from the [residence hall] social concerns commissioners, and we have a great partnership with the Catholic Worker community,” Hebbeler said. “We expect this project to bring more students into the community to see the impact.”last_img read more

University physician researches concussions

first_imgBoxing experts like to refer to the sport as “the sweet science,” but head University Physician Dr. Jim Moriarty is using the sport for some real science. Moriarty said he has been studying the effectiveness of a variety of concussion diagnostic tests with members of the Men’s and Women’s Boxing Clubs as research subjects.  Nate Walker, RecSports club sports program coordinator and boxing coach, said it makes sense for the boxing clubs to contribute to a better understanding of the “hot button issue” of concussions. “There’s so much we don’t know about concussions, and we have a great sample size and the ability to collect data,” Walker said. “We’re hoping to be part of the solution, to be able to keep our boxers as safe as possible.” Moriarty said the research project consists in administering common concussion tests, especially those medical professionals use during games, and then comparing the results of those tests to data collected from the bouts and reports of any confirmed concussions.  The tests Moriarty evaluated are a computerized test provided by Axon Sports, the King-Devick test, the Sport Concussion Assessment Tool 2 (SCAT2), a balance test and a voice recognition test being developed by University researchers.  Moriarty said it is important to determine just how accurate these testing methods are, how well they detect a concussion when one occurs and how well they rule out a concussion when one does not, so that team trainers and doctors can make the right decisions for athletes. “Right now, these tests – King-Devick, SCAT2, balance, computerized assessment – are considered the standard of care, or the best procedure, for diagnosing concussions,” Moriarty said. “The key for us is if you’re a physician on the sidelines, you’d like to know the tests you’re running are reliable. There are symptoms that confirm concussions, but most people don’t have that. Most people have the lesser symptoms which cause you to have doubts whether you’re making the right choice or not.” Two things that make this study unique are a control group comprised of boxers and getting “best effort” from the athletes, Moriarty said. Moriarty said most concussion studies compare the test results of people with concussions to people who didn’t suffer any head trauma. He said this made the Bengal and Barak Bout study important because it compares people who received blows to the head and suffered concussions to those who received blows to the head and did not suffer any concussions. “You have to have a similar group of people to see if the tests really work,” Moriarty said. “One ought to be able to tell the difference between those who were hurt and those who were not.” It was also “critical” that all the boxers gave their best effort on the baseline and subsequent tests, Moriarty said. “Best effort” on all the post-bout tests was ensured by requiring the boxers to take the tests after every bout and not allowing them to advance to the next round without passing the tests. He said the success of their strategies to elicit best effort is reflected in the fact that the results for losers and winners were comparable. The “practice effect” was also an important part of the study, Moriarty said. The practice effect is the intuitive fact that “the more times you take a test the better you get at it” and it is important to take it into account when comparing an athlete’s baseline to his or her later results. Moriarty said requiring testing after every bout ensured everyone experienced the practice effect and it could accordingly be properly accounted for and analyzed. Walker said in order to evaluate the possible causes of the various test results, the matches were videotaped and microchips that wirelessly transmit information about impact and rotational forces were inserted in the headbands and mouthpieces of the boxers. Two important questions the study sought to answer by comparing the tapes and impact data with test results were “Does the number of hits matter?” and “Does it matter how hard you are hit?”, Moriarty said. Moriarty said that from his review of the data thus far there does not seem to be a significant correlation between the number of punches or the impact force and the occurrence of a concussion. He said the data seems to indicate instead that everyone may have their own inherent “threshold” that determines what amounts and types of force will cause them to experience a concussion. Moriarty said Bengal Bouts participants have been studied the last three years and Baraka Bouts participants for the last two. This year he said he is analyzing the accumulated data before obtaining more, but he said the testing will likely start up again in the future. Walker said the computer test was mandatory, since there had to be some way to monitor all competitors for concussion symptoms, while participation in the other tests for the research project was voluntary for all student boxers. He said on the whole they were “very receptive” toward the research. “We had a great turn out for men’s and women’s, with 200-plus men and about 100 women who chose to opt in,” Walker said. Moriarty said there were also students who helped in administering the concussion tests. He said the work of these students was “outstanding” and integral to the research project. Walker said it is important to keep the boxers in Bengal and Baraka Bouts safe so the programs can continue their humanitarian mission. “We’re here to give an opportunity to help Holy Cross missions through boxing, no one is going pro,” he said. “Ultimately, we are working to make this a safer program because we’re trying to make a global impact.” Contact Christian Myers at cmyers8@nd.edulast_img read more

International Law Section to match interns with firms

first_img August 1, 2000 Regular News International Law Section to match interns with firms There you are, minding your own legal business and suddenly a client calls, frantic. It seems the client has an unexpected foreign business opportunity and your law firm is needed to negotiate a deal. In Thai. Or maybe Hindi. Or even Dutch. What do you do? Be thankful for the work of the International Law Section. Because of the section’s work, you could be only a mouse click away from finding a law student intern with a variety of special skills. That includes some who speak rather esoteric languages, including Afrikaans, Creole, and Czech, as well as Thai, Hindi and Dutch. It’s all part of the section’s effort to use technology to offer better services to its members. “We’re going to take advantage of the new technologies to reach out to our members,” said new section Chair Todd Kocourek, at the section executive council meeting during the Bar’s Annual Meeting. The chosen avenue for the coming year will be improving the section’s website (www.lex-fl.org). “I hope we’ll make its usefulness hit a point at which the membership will default to the website as the best source of information about what’s going on,” he said. One part of that is a new section of the website to match up law students seeking internships and law firms. “We now have an internship database,” said immediate past Chair Thomas Raleigh. “We are making available to students a link with Florida law firms and Florida businesses interested in international law and business. It’s a very simple procedure and there’s no cost to it.” Students list their background and special qualifications — including foreign languages — and prospective employers can scan their resumes. Those employers are also encouraged to list information on the site for students to review. Even if they don’t have an immediate opening, Raleigh said, it could be valuable to at least put general information about the firm on the site for students to review. The site is password protected and both students and potential employers must register. Students cannot see other students’ resumes, and employers cannot see what openings other firms are offering. Those seeking more information about the service should send an e-mail to ilsinterns@lex-fl.org. Raleigh said the section has been working to make the website more useful for members. It now includes a list of section committees and members, an archive of its quarterly newsletter, a bulletin board for messages between members and a listing of useful resources. The section is also living up to its name in a variety of activities. Raleigh and Kocourek noted that the head of the Mexican bar association was a section guest during the January Midyear Meeting. And the section has a relationship with the Barcelona Bar Association, and also just completing a successful seminar in Quebec City. The section is already planning another Canadian program. It also recently completed a successful seminar in Miami on Latin American issues, and will have a joint meeting with the International Bar Association in Cancun in 2001. On other matters, Raleigh said the section is in the very first stages of examining the relationship between The Florida Bar and foreign lawyers working in this country. While the Bar has offered the category of Foreign Legal Consultant for several years, Raleigh said, the section is exploring whether that is sufficient. “We’re looking at the next step on how to encourage the admission of foreign lawyers to The Florida Bar,” he said. “It’s in the very early stages. We’re looking at how they could be admitted, and they would still have to satisfy the character review.” International Law Section to match interns with firmslast_img read more

Long Voting Lines. How Americans Are Settling in for a Wait

first_img“The whole thing is just a gigantic nightmare,” said Robin Helmericks, a scientist who stood in line to vote early with her 19-year-old daughter in Charleston, S.C., on Monday.Or, as Ian Dunt, a British political journalist, said on Twitter on Monday: “There’s not enough booze in all the world for sitting through the American election results tomorrow night.”If the election generates that sort of response in someone 3,000 miles away, how are actual Americans, marinating in a sea of collective angst, meant to get through the day? Even more than that: If there’s no result by Tuesday night, which is likely to be the case, how will we hang on until there is?- Advertisement – “We expect long lines at the polls,” he went on, and also delays because of social distancing related to the pandemic. “After the polls close, and in the ensuing days, we will continue to need your patience. Never in the history of this city have so many people voted by mail. By law, staffers are not allowed to start opening and counting these ballots until Election Day itself.”Mr. Kenney noted that the results in Pennsylvania — and, by extension, the rest of the country — might not be known for a while. That’s the message election officials everywhere have been trying to emphasize, as they cope with the pandemic reality of a record number of mail-in ballots.- Advertisement – “In meditation, you can’t force the mind to stop thinking,” Mr. Miller said. “If you think, ‘Don’t think about the election, don’t think about the election, don’t think about the election’ then the election has become your mantra, and that’s not going to do you any good.” “Quite a lot of research suggests that the worst is yet to come as far as anxiety,” said Professor Sweeny, who specializes in the psychology of waiting.Part of the problem is the natural inclination to brace for the worst, in order to fortify yourself against potential disappointment, she said. “That tendency ramps up and moves more to the front of the mind as you get closer and closer to an outcome. Even people who are general optimists show a decline in optimism as the moment of truth draws nearer.”Of course, part of the difficulty this time around is that no one knows when this nirvanic (or hellish, depending) “moment of truth” might actually arrive. Having to wait longer also means fretting longer about possible scenarios and obsessing even more about the darkest contingencies.But people should avoid indulging in “speculative mode” and instead focus on what is in front of them, said Michael Miller, director and co-founder of the New York Meditation Center.“This whole season has been focused on speculating about what is going to happen,” he said. “But getting caught up in the moment-by-moment question of what results are coming in — that has never been good practice.”While it would be great to have some clarity, he said, it is unclear when that will come. “It’s about how can you make a plan to engage in self-care that would keep you in the present moment,” he said.Think small, he counseled. Clean your oven, rake some leaves, go for a walk, take off your shoes, feel the carpet on your feet. Breathe. “Patience,” exhorted the mayor of Philadelphia, Jim Kenney, in an open letter urging the residents of his city to remain calm through Tuesday and beyond.center_img Hurray, it’s Election Day!Not that it feels like much consolation.- Advertisement – “This has been the slow-moving election from hell with all the early voting,” Drew McKissick, the chairman of South Carolina’s Republican Party, said on Monday, eagerly anticipating its end. “It’s been draining.”The overriding prediction going into Election Day 2020 indeed take patience, the sort that feels in short supply right now. (How long is a piece of string? That is how long the election seems to have taken already.)Unfortunately, said Kate Sweeny, a professor of psychology at the University of California, Riverside, studies show that anticipatory dread only increases as waiting drags on. Nobody would advise anyone to spend Election Day stationed next to their liquor cabinets and enslaved to their social media feeds, though good luck with that. Either people are focusing disproportionately on alarming snippets of information that automatically make them feel bad — a swing against their candidate in a new poll, say, or a video of some helpless voters apparently being intimidated at a polling place — or they’re scrolling obsessively in search of some chimeric nugget of definitively good news to quiet their unease.“What is the German word for ‘feeling physically nauseous from anxiety at the news but also morbidly unable to look away and stop scrolling?” the novelist Celeste Ng wrote on Twitter.Mac Stipanovich, a Republican strategist and lobbyist in Florida who was intimately involved in the slow-burn nightmare of the 2000 election (his candidate won, but still) said that in many ways, it’s easier to be a campaign operative or a volunteer during stressful elections. Even if the tide is going against you, you’re too busy doing your job to indulge in your distress.last_img read more

OVI for July 2018: Significant slowdown in demand for work – in the Adriatic, as many as 32 percent fewer waiters are in demand

first_imgAlthough OVI recorded a growth of 2018 percent in July 10,8 compared to the same month last year, this is the smallest increase in the last three years, which indicates a significant slowdown in labor demand, according to OVI data in July, and prepared by the Zagreb Institute of Economics.Seasonally adjusted index values ​​offer the same conclusion as the seasonally adjusted index fell 11,8 percent in July, the biggest drop on a monthly basis in 16 months. The slowdown may come from the tourism sector, given that, according to initial data, the July season did not meet all expectations.Thus, the demand for the traditionally most sought-after service occupations in the Adriatic counties in July 2018 compared to July 2017 fell or stagnated: the demand for vendors is almost identical, the demand for chefs fell by 6,6 percent, while the demand for waiters fell by as much as 32 percent. In contrast, central Croatia, which includes the City of Zagreb and Zagreb, Varaždin, Krapina-Zagorje, Međimurje, Sisak-Moslavina and Karlovac counties, recorded a 13 percent increase in labor demand compared to the same month last year, primarily for workers’ occupations. in manufacturing, computer scientists, hairdressers and nurses.The Online Vacancy Index (OVI) is a monthly index of online job vacancies developed at the Institute of Economics, Zagreb in cooperation with the MojPosao portal. The purpose of the index is to provide timely information on the current state of labor demand. The OVI index is created by simply counting the number of unique new ads whose application deadlines end in the month for which the index is calculated. Since ads published through only one portal are taken, the number of ads is expressed as an index (base year is 2015).The index is interpreted as meaning that values ​​greater than 100 represent an increase compared to 2015, and values ​​less than 100 decrease compared to the base year. The index was seasonally adjusted by the X-12-ARIMA method.last_img read more

Asian stocks under pressure after spike in coronavirus cases

first_imgAsian stocks were expected to come under pressure on Wednesday, as a spike in new coronavirus infections weighed on sentiment, although US assurances that the China trade deal was intact and upbeat economic data provided some reasons for optimism.Kyle Rodda, market analyst at IG Markets, said late selling seen in Wall Street suggested a “soggy start” for Asian markets.“We expect something of a positive start for Asian trade, but we will have overhanging concern about the virus itself and a second wave unfolding,” said Kyle Rodda, market analyst at IG Markets. “The market is clinging on to a recovery as much as it can.” Australian S&P/ASX 200 futures rose 0.15 percent in early trading.Japan’s Nikkei 225 futures fell 0.02 percent. Hong Kong’s Hang Seng index futures lost 0.01 percent.On Wall Street, the Dow Jones Industrial Average ended 0.5 percent higher, the S&P 500 gained 0.43 percent and the Nasdaq Composite added 0.74 percent.However, the three major indexes pared gains from highs of more than 1 percent earlier in the session on Tuesday. Coronavirus cases in the US surged 25 percent in the week ended June 21 compared from the week before, according to a Reuters analysis.US states including Texas and Arizona set records in their outbreaks. The European Union is prepared to bar US travellers because of the surge of cases in the country, putting it in the same category as Brazil and Russia, the New York Times reported on Tuesday.“For now markets are having trouble with the implications given the high bar to re-imposing restrictions,” according to a research note from the National Australia Bank.Remarks from US Treasury Secretary Steven Mnuchin helped boost the mood on Wall Street. He said the next US stimulus bill will focus on getting people back to work quickly and that he would consider a further delay of the tax filing deadline.MSCI’s gauge of stocks across the globe gained 0.90 percent.The euro jumped to one week highs after positive economic data on Tuesday, and other high-risk currencies strengthened.The dollar index fell 0.228 percent, with the euro up 0.01 percent to US$1.1307.Oil prices pulled back after hitting their highest since early March, on expectations that US inventories will hit a record high for a third week in a row.US crude recently fell 0.89 percent to $40.01 per barrel and Brent was flat on the day.Topics :last_img read more

Hitachi scheme completes buy-in journey ahead of schedule

first_imgHitachi UK Pension Scheme has agreed a £275m (€300m) buy-in transaction, a deal that covers the deferred members and retirees that were not insured with its first buy-in transaction in 2018.The new transaction was with Legal & General, with the trustees again advised by Aon. The 2018 deal, for which the size is understood not to have been disclosed, was with Scottish Widows.“This transaction completes the Hitachi UK Pension Scheme’s phased buy-in journey in just under three years – substantially ahead of the original target of 10 years,” said Michael Walker, principal consultant at Aon.He said the acceleration had been possible due to strong asset performance, favourable insurance pricing, good preparation and “nimble” decision-making by both the trustee and the companies. Jo Myerson, chair of the trustee from professional trustee firm Ross Trustees, suggested “effective decision-making achieved as a sole corporate trustee” played an important role in the deal.The transaction price was locked to the assets of the scheme, which Legal & General said gave the trustee a high degree of transaction certainty while enabling it to harness favourable pricing conditions and market capacity.“We are pleased to have established this relationship with the Hitachi trustees and helped them secure their members’ long-term financial security,” said Gavin Smith, pricing and execution director, UK pension risk transfer at Legal & General Retirement Institutional.“This buy-in, in particular, demonstrates our ability to insure pension schemes with a high proportion of deferred members, showing that pensions de-risking isn’t just the preserve of mature pension schemes.”The trustee obtained legal advice from Pinsent Masons while Macfarlanes provided legal advice to Legal & General. A spokesperson for the insurer said the £275m deal was completed in the second half of this year.To read the digital edition of IPE’s latest magazine click here.last_img read more

ADNOC to increase oil production capacity to 4 mmbpd by end of 2020

first_imgNew oil & gas discoveries  Abu Dhabi’s Supreme Petroleum Council (SPC) has approved Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per day (mmbpd) at the end of 2020 and 5mmbpd by 2030. The SPC is the highest governing body of the oil and gas industry in Abu Dhabi. The Council formulates, approves and oversees the implementation of Abu Dhabi’s petroleum policy and follows up its implementation across all areas of the petroleum industry to ensure that the set goals are achieved.The SPC meeting was presided over by Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the United Arab Emirates (UAE) Armed Forces and Vice-Chairman of the SPC.ADNOC said on Sunday that the SPC’s approval of its gas strategy will add potential resources that will enable the UAE to achieve gas self-sufficiency, with the aim of potentially transitioning to a net gas exporter. At its meeting, the SPC announced new discoveries of gas in place, totaling 15 trillion standard cubic feet. It also announced new discoveries of 1 billion barrels of oil in place and approved ADNOC’s new five-year business plan and capital investment growth of AED 486 billion ($132.33 billion) between 2019-2023.The gas strategy will sustain LNG production to 2040 and allow ADNOC to seize incremental LNG and gas-to-chemicals growth opportunities, where they arise, from the UAE’s dynamic demand/supply position and evolving energy mix, said ADNOC.ADNOC’s integrated oil and gas strategy underpins its AED 165 billion Downstream investment plans announced in May, which will see the company triple production of petrochemicals to 14.4 million tons per annum by 2025.Meanwhile, the announcement of the discovery of significant new oil reserves endorses the Abu Dhabi government’s historic decision, earlier this year, to open six geographical oil and gas blocks for competitive bidding. Based on existing data from detailed petroleum system studies, seismic surveys, log files and core samples from hundreds of appraisal wells, estimates suggest these new blocks hold multiple billion barrels of oil and multiple trillion cubic feet of natural gas. The first exploration and production licenses are expected to be awarded in the first quarter of 2019.The successful bidders will enter into agreements granting exploration rights and, provided defined targets are achieved in the exploration phase, be granted the opportunity to develop and produce any discoveries with ADNOC, under terms set out in the bidding package.Dr. Al Jaber said: “The incremental increase in our oil production capacity will enable ADNOC to continue to be a reliable and trusted energy supplier that has the flexibility and capacity to respond and capitalize on the forecasted growth in demand for crude.”Industry projections, Dr Al Jaber highlighted, validate ADNOC’s integrated oil and gas strategy. For the first time, the world is on the verge of consuming 100 million barrels of oil per day, with oil consumption increasing by an additional 10 million barrels per day by 2040, he said. Over the same period, demand for natural gas will increase by 40 percent, while the market for higher-value polymers and petrochemicals will grow by 60 percent. Unlocking new gas resources ADNOC said that the integrated gas strategy is the first time in ADNOC’s history it has been in a position to commercially and holistically unlock its abundant new gas resources. One of the challenges in developing parts of ADNOC’s gas resources is the ‘sourness’ of parts of Abu Dhabi’s gas.However, a number of factors, including the gas pricing reforms introduced in 2016, enabling more market-based pricing, the availability of more advanced technology and ADNOC’s experience in developing sour gas reservoirs are making it possible for ADNOC to unlock more gas resources and increasing value extraction.Under the new gas strategy, ADNOC will develop the Hail, Ghasha and Dalma project that taps into Abu Dhabi’s Arab formation, which is estimated to hold multiple trillions of cubic feet of recoverable gas. The project is expected to produce more than 1.5 billion cubic feet of gas per day. ADNOC will also unlock other sources of gas, which include Abu Dhabi’s gas caps and unconventional gas reserves, as well as new natural gas accumulations, which will continue to be appraised and developed as the company pursues its exploration activities.last_img read more